European stock markets are expected to rebound this Friday. The Eurostoxx 50 opens at 3,878.42 points (-0.11%), the CAC 40 at 6,576.12 points (-0.47%), the DAX 40 at 14,266.38 points (+0.23%), the FTSE 100 at 7,346.54 points (-0.06%), the SMI at 10,917.88 points (-0.17%), the AEX at 708.38 points (-0.06%), the AEX at 708.38 points (-0.06%), the SMI at 10,917.88 points (-0.17%) (-0.10%), the BEL 20 at 3,599.84 points (-0.37%), the IBEX 35 at 8,040.70 points (-0.75%), the DJIA at 33,546.32 points (-0.02%), the Nasdaq at 11,144.96 points (-0.35%), the S&P 500 at 3,946.56 points (-0.31%), the Nikkei 225 & agrave; 27,899.77 points (-0.11%).

In terms of exchange rates, the change from the close mentions that in New York, EUR/USD is at 1.0368 (+0.02%), EUR/JPY at 145.11 (-0.15%) and USD/JPY at 139.95 (-0.18%).

Call center manager Teleperformance intended to reduce its content moderation business, which accounts for around 7% of its turnover, by excluding the treatment of “the most offensive” content. This information was announced in the evening of Thursday by the manager. According to the group, no new contract will be signed regarding its content. He said he would look for “appropriate alternatives” for customers who currently benefit from this service. In response to the announcement by the Colombian Ministry of Labor that it is opening an investigation into working conditions in its local subsidiary, this measure aims to reassure investors while the Teleperformance share has lost nearly 20% in one week.

This Friday, European equity markets are expected to open higher and recover after losses suffered the day before at the end of a session marked by the presentation of the British government's new 2023 budget and the restrictive remarks of the Chairman of the Federal Reserve (Fed) of Saint Louis, James Bullard.

Data from broker IG Markets mentioned that the CAC 40 futures contract gained 34 points, or 0.5% around 7:40am while the FTSE 100 contract increased by 10 points, or 0.1%, and the DAX 40 contract gained 51 points, or 0.4%. According to James Bullard, interest rates should be increased further to bring down inflation in the United States. During its last four meetings, the Fed raised rates by 0.75 percentage points to a range of 3.75% to 4%. Investors estimate that US policy rates will reach a high point between 4.75% and 5.5% in spring 2023, according to CME Group's FedWatch tool.

The annual inflation rate reached 3.7% in October. According to data published on Friday, it thus exceeded the Bank of Japan's 2% target for the seventh month in a row. The rise in consumer prices has accelerated compared with the 3% increase recorded in September. At the end of the trading session in Hong Kong, the Hang Seng Index fell 0.4%, the Nikkei Index on the Tokyo Stock Exchange lost 0.1% on Friday and the Shanghai Composite fell by 0.2%.

Operators do not yet see a significant probability of this rate reaching 6%, but they have raised their forecasts for the maximum federal funds rate to over 5% next year.

The euro changed little against the dollar today and stabilized above the $1.03 mark. Compared with the low point of $0.9596 reached at the end of September, the single currency has gained around 8%. However, there was a fall of nearly 9% against the greenback.

After falling overnight, oil prices are gaining ground this morning. The December contract for light sweet crude (WTI) traded on Nymex rose 56 cents to $82.20 per barrel, while the January contract on North Sea Brent earned 41 cents to $90.19 per barrel.